Stif (XPAR:ALSTI) Inventory Turnover : 1.35 (As of Dec. 2023)

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What is Stif Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Stif's Cost of Goods Sold for the six months ended in Dec. 2023 was €7.85 Mil. Stif's Average Total Inventories for the quarter that ended in Dec. 2023 was €5.80 Mil. Stif's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stif's Days Inventory for the six months ended in Dec. 2023 was 134.80.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Stif's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.30.

Stif Inventory Turnover Historical Data

The historical data trend for Stif's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Stif Inventory Turnover Chart

Stif Annual Data

Trend

Dec21

Dec22

Dec23

Inventory Turnover

2.99

3.36

2.78

Stif Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23
Inventory Turnover	-	-	1.52	1.35

Stif Inventory Turnover Calculation

Stif's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	15.497	/ (	(4.824	+	6.317)	/	2 )
=	15.497	/	5.5705
=	2.78

Stif's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	7.847	/ (	(5.275	+	6.317)	/	2 )
=	7.847	/	5.796
=	1.35

Stif (XPAR:ALSTI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Stif's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	5.796	/	7.847	*	365 / 2
	=	134.80

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Stif's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	5.796	/	19.133
	=	0.30

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Stif Inventory Turnover Related Terms

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Stif (XPAR:ALSTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Stif SA (XPAR:ALSTI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

D08:Germany

Address

ZA de la Lande, Saint-Georges-sur-Loire, FRA, 49171

Website

https://www.stifnet.com

Stif SA is a French industrial player specializing in the design, manufacturing and marketing of innovative industrial equipment intended for niche markets. Its products include elevator buckets, rubber lifting straps, Underspeed controllers, Strap offset controllers, Temperature sensors, Anti-jam probes, Monitoring systems, Explosion panels, Compression and curve fittings, Modular piping for gravity transport, Conveyor belt scrapers, and others.

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